20 March 2013

Asset Management Plan Review

Tony Lange (Investment Assurance P&I)

Plan Build Operate Maintain Renew/dispose

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Why?

• Our last review was in 2007 (desktop)• Help with the next NLTP in 2015• Identify strengths and weakness (gaps)• Innovate• Share and improve

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Why- Road maintenance Task Force?

RMTF identified AMPs as key to achieving best whole-of-life cost for the network is strong asset management practice, which includes enabling the use of innovative services, products and methods of procurement. This requires:

•effective planning and delivery to achieve best value for money objectives

•improved knowledge sharing

•a consistent road classification system and levels of service across the whole network

•greater collaboration between asset owners.

   

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•The most effective way to do these reviews is through a self-assessment completed by the AO. •We follow with a discussion between the AO’s senior decision-makers, roading asset manager(s) and our auditors.

Our updated approach will provide better value to the NZTA and our partners through:

•identifying strengths and weaknesses of your own asset management processes and investment decisions; • assisting your understanding of the NZTA’s expectations and ensuring consistency in our future evaluations of your programmes; and, •developing joint understanding of common risks and issues through sharing lessons learnt.

How?

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How?We developed a self assessment questionnaire in collaboration with

industry Life Cycle Management Understanding Failure Modes

1   How do you develop your three year capital and operating program?

  Long-Term Plan, Integrated Transport Programme, Asset Management Plan and legacy LTCCP's are major inputs being used to develop the 3 year programmes. Requirements from capital development and operations divisions are also being considered in this process.

50 90

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Our results so far.

“nothing changes – if nothing changes”

Life cycle

Risk

Level of Service

Growth

Demand

General/Overall

40 45 50 55 60 65 70 75 80 85 90

Desired Actual

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Our findings so far?

• Life Cycle• Risk

• Aiming too high?

Moving forward• Road Efficiency

Group